OSI Industries: Demonstrated Commitment Towards Sustainable Development

OSI Industries is a world-leading producer of value-added protein food products. Over the years, the company has grown and developed from a neighborhood meat supplier in Chicago to a multinational corporate organization with more than 65 cutting-edge facilities in over 17 countries across the world. Due to its impressive growth, Forbes recognized it as the 58th largest privately owned company in 2016. The company had an estimated net worth of $6.1 billion.

Since 1975, OSI Industries has sought and adopted advanced strategies and high-end technology in an attempt to increase efficiency, sustainability, and reduce negative environmental impact in its production operations. Sustainable growth and development have been at the core of the company’s management in all aspects of operational decision making. In line with OSI’s tradition, the company has remained at the forefront of developing new strategies and techniques to ensure sustainable and environmentally friendly food production practices.

Through a recent summit, “Winning Together, Sustainable Value Chain Creation” OSI Industries demonstrated its commitment to sustainable production practices. OSI Europe organized the sustainability summit in a bid to share its dedication towards sustainability and its vision for 2025. The summit brought together more than 50 globally renowned companies. The companies included leading suppliers of OSI Europe, significant clients, and other relevant stakeholders.

The summit highlighted some critical issues related to sustainability and environmental health. However, the importance of collaborative effort in achieving future sustainability goals remained dominant. The landmark event took place in Knightsbrook Hotel, County Meath, Ireland.

Several industry specialists shared their insights and vision during the summit. Anna DeVries, OSI’s Global Sustainability Lead, expressed her confidence on the workability of the agreed framework. Similarly, the Vice President of Sustainability at McDonald’s Corporation, Keith Kenny addressed the audience on the steps that the McDonald’s Corporation is taking towards sustainability, especially on their recent strategies in the beef industry. The Chief Executive Officer of the Irish Food Board, Tara McCarthy described the importance of sustainability initiatives to those in attendance.

OSI Industries has been severally recognized for its unrelenting efforts to ensure sustainability. The British Safety Council named OSI UK as the winners of Globe of Honor Award in recognition of the company’s mitigation of environmental risks.

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Talos Energy Makes Huge Strides Towards Zama Project Goals

Talos Energy is an independent oil as well as gas company that is led by a corporate leadership team with many years of experience in offshore production and exploration. Their expertise at acquiring operated self as well as developed deep water assets in the Gulf of Mexico is top-notch. They go out of their way to explore, exploit and optimize the assets utilizing innovative techniques as well as state-of-the-art seismic technologies.

Talos Energy has been in operation for over a decade and over the time, they have achieved a lot as a cohesive group. They have recorded a lot of positive results since it came into operation in 2012. It successfully built and then sold Phoenix Exploration Co. as well as Grypton Exploration Co, two Gulf of Mexico oil as well as gas companies. The two companies have delivered significant returns to Talos Energy’s equity investors.

Based on the strong foundation, the company is committed to sustainable practices while they continue to build a world class company. Talos Energy is always on the lookout for better ways to operate in an effort to find a competitive edge. Recently, National Hydrocarbons Commission (CNH) approved the Zama discovery appraisal plan.

The approval marked the start of the appraisal of the Zama discovery. The commission is still reviewing the drilling permits application for them to start drilling operations. Talos is confident that the whole appraisal will be complete by mid-next year. This comes barely a week after the Pre-Unitization Agreement with Premex was announced. The approval was definitely another important milestone with their partners in Mexico.

In a statement, Timothy S. Duncan, President & CEO, stated that the approval enables them to accelerate Zama project’s schedule of investments in Mexico and start drilling operations by the end of the year. The company’s ultimate goal is to achieve initial production from the Zama discovery by 2022 and as a result, create employment opportunities, increase Mexico’s government revenues as well as add to Mexican domestic production materially.

Talos Energy operates in the United States Gulf of Mexico as well as in the shallow waters off the coast of Mexico. It is focused on exploration, exploitation, acquisition as well as development of shallow as well as deep-water assets near existing infrastructure.

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